Haris Ashley
Virginia requires a minimum amount of auto insurance coverage for all registered vehicles. The minimum amount of auto insurance coverage in Virginia is $25,000 per person for bodily injury, with a total maximum of $50,000 per incident, and $20,000 for damage to another person's property. This basic coverage is designed to protect drivers financially in the event of accidents where they are at fault or involved with uninsured motorists.
| Characteristics | Values |
|---|---|
| Minimum auto insurance coverage in Virginia | $25,000/$50,000/$20,000 |
| Bodily injury liability per person | $25,000 |
| Bodily injury liability per incident | $50,000 |
| Property damage liability per incident | $20,000 |
| Uninsured motorist bodily injury per person | $25,000 |
| Uninsured motorist bodily injury per accident | $50,000 |
| Uninsured motorist property damage coverage | $20,000 |
What You'll Learn
Bodily injury liability
In addition to the bodily injury liability coverage, Virginia drivers are also required to have property damage liability coverage. This type of coverage pays for any damage you cause to another person's property in an accident, up to the limit you purchase. The current minimum requirement in Virginia is $20,000 per accident.
It is important to review your insurance policy to understand the specific coverage details and limits. While the minimum coverage requirements in Virginia may be enough to legally drive, purchasing additional coverage can provide more financial protection in the event of a serious accident.
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Property damage liability
In addition to property damage liability insurance, Virginia law also requires drivers to carry bodily injury liability insurance. This type of insurance covers medical bills and other costs for drivers, passengers, and pedestrians who are injured in an accident that you cause, up to the coverage limits. The minimum amount of bodily injury liability insurance required in Virginia is $30,000 per person and $60,000 per accident.
It is important to note that the minimum amounts of insurance required by law in Virginia may not be sufficient to cover all costs associated with a serious accident. As such, it is generally recommended that drivers consider purchasing additional coverage to protect themselves financially.
Virginia also offers optional types of auto insurance coverage, such as collision coverage and comprehensive coverage, which can provide additional financial protection in the event of an accident. Collision coverage can help pay for repairs to your vehicle if it is damaged in a collision, while comprehensive coverage can help cover non-collision-related damages, such as those caused by theft, fire, or natural disasters.
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Uninsured/underinsured motorist bodily injury
In Virginia, the minimum coverage limits for uninsured/underinsured motorist bodily injury are $25,000 per person and $50,000 per accident, as of September 2024. These limits are set to increase over time. For instance, from January 1, 2025, the minimum required coverage will be $50,000 per person and $100,000 per accident. It's important to review your policy regularly to ensure you meet the current minimum requirements.
Additionally, this type of coverage can also provide compensation for lost wages if your injuries result in time away from work. It's important to understand that uninsured/underinsured motorist bodily injury coverage only applies when the other driver is at fault for the accident. If you are at fault, this coverage will not apply to your injuries, but other types of coverage, such as medical payments coverage or personal injury protection, may help with your medical expenses.
When purchasing auto insurance in Virginia, it's essential to consider your specific needs and risks. While the state mandates minimum coverage requirements, you may benefit from additional or higher coverage limits. This is especially true if you frequently drive in areas with a high rate of uninsured motorists or if you want more comprehensive financial protection in the event of a serious accident.
Remember, auto insurance is designed to provide financial security and peace of mind. By understanding the specifics of your policy, including uninsured/underinsured motorist bodily injury coverage, you can make informed decisions about your protection on the road.
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Uninsured/underinsured motorist property damage
Virginia's auto insurance laws require drivers to carry uninsured/underinsured motorist property damage coverage to protect themselves in the event of an accident with an uninsured or underinsured driver. This coverage will help pay for repairs to your vehicle if it is damaged by another driver who does not have insurance or does not have sufficient insurance to cover the cost of repairs.
The minimum amount of uninsured/underinsured motorist property damage coverage required in Virginia is $20,000 per accident. This coverage is designed to provide financial protection and help you pay for repairs or replacements if your vehicle is damaged by an uninsured or underinsured driver. It is important to note that in the case of a hit-and-run accident, you will have to pay the first $200 towards repairing or replacing your car before the uninsured motorist property damage coverage kicks in.
While the minimum coverage is $20,000, it is worth considering higher coverage limits to protect yourself adequately. Higher coverage limits are available in Virginia, and they can provide additional peace of mind in the event of a costly accident. It is recommended to review your policy and consider increasing your coverage limits if you feel they may not be sufficient to cover the cost of potential repairs or replacements.
In addition to uninsured/underinsured motorist property damage coverage, Virginia also requires drivers to carry liability coverage for bodily injury and property damage. The minimum coverage limits for bodily injury are $25,000 per person and $50,000 per accident, while the minimum coverage for property damage is $20,000 per accident. These coverages are essential to protect yourself and others in the event of an accident, as they help cover the costs of medical bills, legal fees, and repairs to another person's property.
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Collision coverage
Virginia is an at-fault state, which means that the driver found at fault for an accident is responsible for the damages. Collision coverage does not apply to your own injuries or vehicle damage after a Virginia car accident. You'll need different (additional) coverage for that if you're involved in a car accident and no one else's coverage applies to your losses.
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Frequently asked questions
The minimum auto insurance coverage in Virginia is $25,000/$50,000/$20,000. This means that in the event of a covered accident, your limits for bodily injury are $25,000 per person, with a total maximum of $50,000 per incident. It also covers up to $20,000 for damage to another person's property.
There are two types of liability coverage that your insurance policy must include: property damage and bodily injury. Property damage safeguards your assets if you are legally responsible for a covered accident, while bodily injury safeguards your assets if you are legally responsible for injuries sustained by the other parties.
Uninsured/underinsured motorist coverage protects you in the event of an accident where the other party is at fault and either doesn't carry insurance or is underinsured. It helps pay for property damage to your vehicle and covers damages due to bodily injury.
Driving without insurance in Virginia can result in several penalties, including fines, suspension of your driving privileges and vehicle registration, and a requirement to file an SR-22 certificate for a set period. You may also be subject to reinstatement fees and have your vehicle impounded.
